Archived Mortgage News - November 2008
Rate cuts have limited success
The Council of Mortgage Lenders have released statistics showing a slight increase in the level of mortgage lending
in October. Gross mortgage lending was £18.7 ...
Published: 20-Nov-2008
Two year fixed rates tumble
Announcements from both the Abbey and Alliance & Leicester would seem to indicate that attempts by the government and Bank of England to lower the cost of borrowing ...
Published: 12-Nov-2008
No sign that rate cuts to be passed on
The Bank of England's rate setting body the MPC surprised many with a 1.5% reduction to the base rate, bringing it down to 3% due to growing concerns over the downturn ...
Published: 06-Nov-2008
Woolwich to raise interest rates
Business Development Managers for Woolwich (Barclays) have been contacting mortgage brokers today to provide advance warning of an increase to their tracker rates ...
Published: 05-Nov-2008
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